The VN-Index closed the 28 October session at 1,766.65 points, up 4.78 points or 0.27%, even though decliners outnumbered gainers across the market, VietnamPlus reported. Support came from a handful of large caps, mainly financials, while information technology was the weakest sector as FPT came under heavy selling and foreign investors stayed net sellers.
The HNX-Index added 0.36 points, or 0.14%, to 259.86 points. Across the market, 379 stocks fell and 284 rose, while the VN30 basket was more balanced with 15 gainers, 12 losers and 3 unchanged.
Key figures for 28 October
| Indicator | 28 October session |
|---|---|
| VN-Index | 1,766.65 points, up 4.78 points (0.27%) |
| HNX-Index | 259.86 points, up 0.36 points (0.14%) |
| Gainers and decliners | 284 up, 379 down |
| HOSE matched trades | more than 512 million shares, more than 12,100 billion dong |
| HNX trades | more than 35 million shares, more than 516 billion dong |
| Foreign investors on HOSE | net sold more than 267.42 billion dong |
| Foreign investors on HNX | net bought more than 15.43 billion dong |
Financials support, FPT drags tech
Selling dominated the start of the afternoon session, but buyers returned and lifted the index back into positive territory by the close. VCB, VIC, HDB and VPL contributed the most, adding a combined 5.43 points, while HPG and TCX were among the biggest drags.
Financials led the market with a 0.8% gain, helped by VCB up 2.5%, CTG up 1.15% and VPB up 1.29%. Consumer discretionary rose 0.73% and consumer staples 0.28%, with gains in VPL (2.18%), MSH (3.9%), VGT (1.69%), MSN (1.09%), PNJ (0.59%) and MWG (0.4%).
Information technology was the worst-performing sector, down 2.25%, mainly because FPT lost 2.53% and ELC fell 1.75%.
FPT was also the main target of foreign selling, with net sales of 260 billion dong, followed by VPL at 118.11 billion dong, GMD at 42.88 billion dong and VNM at 35.05 billion dong. On HNX, foreign net buying centred on IDC at 15.35 billion dong and TNG at 4.41 billion dong.
Recent sessions
According to earlier VietnamPlus reports, the VN-Index fell below 1,700 points in mid-October before rebounding. On 21 October it jumped 46.7 points, its biggest gain since early April.
| Session | VN-Index close | Change |
|---|---|---|
| 15 October | 1,698 | down more than 6.5 points |
| 19 October | 1,689.84 | down 16.07 points |
| 21 October | 1,738.7 | up 46.7 points (2.76%) |
| 22 October | 1,760.63 | up 21.96 points |
| 27 October | 1,761.87 | down 1.68 points (0.1%) |
| 28 October | 1,766.65 | up 4.78 points (0.27%) |
On these figures, the index has regained nearly 77 points from its 19 October close.
What to watch
VietnamPlus said the index's gains have not spread evenly across sectors, as decliners still outnumber gainers. Selling pressure in technology, especially FPT, and continued net selling by foreign investors remain the factors to watch, it said.